Ladies and Gentlemen:
As a police officer of the Des Plaines Police Department, you are entitled to receive pension benefits through the Des Plaines Police Pension Fund. Theses benefits provide replacement of income that is lost due to retirement, disability or death. Your pension is funded by local taxes, officer’s contributions and investment earnings.
This Guide to Your Retirement Plan has been given you by the Board of Trustees to assist you in understanding this important part of your financial security. Police pension benefits are established and managed under Chapter 40, Act 5, Article 3 of the Illinois Compiled Statutes. Not every provision of the pension laws is reviewed in this Guide. You may refer to the pension statutes for additional and in depth information. The pension laws are available from the Fund or public sources, including the Internet. At all times, the detailed information included in the statutes governs your benefits. Should any law change or interpretation result in a conflict between this Guide and the actual statutes, the statutes govern.
The information contained in this Guide is not intended for a substitute for legal advice nor is the information contained in this Guide a guarantee of a certain benefit. Be sure to check with your attorney or with your Pension Board of Trustees before taking action.
The Board of Trustees welcomes your questions and input on pension benefits.